The Greenback lost across the board especially against the Cable, the Aussie Dollar and the Common Currency on the event of the benchmark equity index of the Dow Jones Industrials gaining more then 200 points. Major trend...
GBP/USD fell during the session on Monday as the markets went into the “risk off” trade. The Pound does enjoy support at the 1.55 level, and the bounce during the later hours of the session on Monday...
The Dollar Index is trading range bound on the advent of long holiday season; Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges are holding, though 81.40...
GBPUSD broke below 1.5423 support, suggesting that the downtrend from 1.6164 has resumed. Further fall to test 1.5272 support is extended, a breakdown below this level could signal resumption of the downtrend from 1.6745 (Apr 28 high)....
GBP/USD saw a fairly muted move on Friday as the markets overall tried to rally. However, the “risk on” traders we stymied by the end of the bell as the stock markets ended up fairly flat.
The GBP/USD pair had a mildly bullish day on Thursday as it sits on the 1.55 support line. The area is actually 200 pips thick, and there is certainly massive support at the region.
GBP/USD had a tumultuous session on Wednesday as traders continue to weigh the “risk” trade in this environment. The 1.55 level is the start of a massive support, and it runs all the way down to the...
The markets were focused on the FOMC meeting today.
GBP/USD fell hard on Tuesday as the world continues to run to the US dollar. The pair is fairly sensitive to the global risk appetite, and as the world reenters the “risk off” trade again, it makes...
The big sell-off day for stock markets. The US Dollar and the Yen strengthened.
